← Mister Charles /

Financials

MB200065269
Dashboard › Mister Charles › Financial Intelligence

Mister Charles

3219 KNOX ST STE 170, Dallas, TX 75205 · TABC MB200065269

Mixed Beverage Dallas Market Enriched 2026-05-24
$3,219,084 Annual gross (L12M) ▲ 4.5% latest MoM Click for monthly detail
$268,257 Avg monthly ▲ 5.5% latest vs avg Click for monthly detail
~30% Est. net margin (likely) $967,449/yr est. net Click for cost model
$2,419k–$3,219k Est. acquisition range 0.88× annual gross (blended) Click for valuation methods
Liquor sales only — total revenue is higher
Every dollar on this page comes from Mixed Beverage Gross Receipts filings — the alcohol portion of total sales. For a Restaurant / Bar, liquor is typically only 25–45% of total business revenue. Restaurant. Total revenue is typically 2–4× our liquor figure. Estimated total revenue (rough): $7,153,520 – $12,876,336/year. Treat the valuation below as a screening estimate based on the alcohol portion alone.
← Back to Mister Charles My bars

Executive Summary

Click to expand full narrative

Mister Charles is a mixed-beverage licensed establishment at 3219 KNOX ST STE 170, Dallas, Texas (TABC MB200065269). Over the most recent 12 months it reported $3,219,084 in gross alcohol sales, averaging $268,257/month with a best month of $339,694. Sales mix: ~45% liquor · 1% beer · 54% wine. The building at this address is owned by 4525 COLE DALLAS LLC & (329,009 sqft, $68,971,250 assessed value per county records). Applying Texas bar cost benchmarks yields an estimated annual net of approximately $967,449 (~30% margin). Acquisition value is estimated at $2,419k–$3,219k across revenue-multiple, SDE-multiple, and cap-rate methods. All revenue figures are gross mixed-beverage receipts as filed with the Texas Comptroller; they exclude cash income such as cover charges, game machines, or merchandise.

Sales performance · last 12 months

Texas Comptroller mixed-beverage gross receipts actual

Annual gross
$3,219,084
Avg monthly
$268,257
Best month
$339,694
Dec 2025
Sales mix
45% Liq
1% Beer · 54% Wine

Property & occupancy

County public records + submarket comps

Building (landlord parcel)

Record ID00C024500000RES00
Property owner (landlord)4525 COLE DALLAS LLC &
Total building SF whole parcel — Mister Charles is in STE 170329,009
Mister Charles's footprint estimated — suite-level not on file 7,500 sf
Assessed value$68,971,250

Mister Charles's share

Est. base rent ~$25/sqft/yr · 7,500 sqft · Class A $15,722/mo
NNN CAM / insurance$2,358/mo
NNN property tax$3,144/mo
Personal property tax own fixtures · Prop 99933060000033500 $6,530/mo
Total occupancy $27,755/mo

Occupancy analysis

All-in occupancy cost is 10.3% of gross revenue. Industry benchmark for healthy bars is 6–10%; 12–15% is typical for premium submarkets; above 18% is unsustainable without very strong margins elsewhere.

Profit scenarios

Texas bar cost model applied to $3,219,084 gross revenue estimated

Best Case
No kitchen, efficient staffing, favorable lease
~39%
Revenue$3,219,084
COGS (24%)−$772,580
Labor (14%)−$450,672
Occupancy−$299,755
TX MB gross tax (6.7%)−$215,679
Utilities / ins / mktg (8%)−$257,527
Card surcharge net+$35,410
Net profit $1,258,282
Most Likely
Typical bar, light food program, full two-shift staffing
~30%
Revenue$3,219,084
COGS (27%)−$869,153
Labor (17%)−$547,244
Occupancy−$333,061
TX MB gross tax (6.7%)−$215,679
Utilities / ins / mktg (10%)−$321,908
Card surcharge net+$35,410
Net profit $967,449
Stressed
Heavy food, larger crew, higher rent
~19%
Revenue$3,219,084
COGS (30%)−$965,725
Labor (22%)−$708,198
Occupancy−$366,367
TX MB gross tax (6.7%)−$215,679
Utilities / ins / mktg (12%)−$386,290
Card surcharge net+$35,410
Net profit $612,235
Disclaimer: Revenue is mixed-beverage gross receipts from the Texas Comptroller — it does not include cash income like door charges, game machines, merchandise, or event rentals (which can add 10–25% for nightclubs). Cost ratios are industry benchmarks for Texas MB-permit bars. Rent is estimated from submarket comps; property tax is from county public records pro-rated by square footage. Actual profit depends on lease terms, staffing, owner salary, and one-time costs.

Owner income estimator

Split likely net profit across ownership estimated

TABC licensee Mister Charles Bevco LLC looking up officers…
2
Equal split (50% each)
Based on the "Most Likely" scenario net profit of $967,449/year. Actual owner income depends on salary draws, distributions, debt service, and tax structure. Consult an accountant for actual income projections.

Acquisition value estimate

Based on most-likely scenario (~$967,449 net) estimated

Revenue multiple
$1.61M–$2.58M
0.5–0.8× gross
SDE multiple
$2.42M–$3.39M
2.5–3.5× earnings
Cap rate
$2.93M–$3.87M
25–33%
Suggested range
$2,419k–$3,219k
blended estimate
The numbers above are liquor-only: bar-style multiples applied to mixed-beverage receipts. They're the right answer for a pure bar/lounge — but for a restaurant, this is just one slice of total enterprise value (the bar program). See the food-business estimate below.
Full-business estimate · Restaurant / Bar

If you're buying the whole restaurant, not just the bar program

We estimate this restaurant / bar pulls $7,153,520–$12,876,336/yr in total revenue (your liquor portion of $3,219,084 is roughly 25–45% of the total per industry benchmarks). Applied to that estimated total: revenue multiple 0.30–0.50×, net margin 10–15%, SDE multiple 2.5–4.0× (restaurant comps, not bar comps).

Estimated total revenue
$7,154k–$12,876k
food + liquor + service
Estimated net (10–15%)
$715k–$1,931k
restaurant margin
Full-business value
$1,967k–$7,082k
blended rev × SDE

Confidence on this estimate is lower than the liquor-only valuation above — we're inferring food revenue from category averages, not from this specific operator's books. A serious buyer should request actual P&Ls + a Schedule C / 1120S.

Federal court history

Public records · last checked 2026-05-27

Lookup pending — check back tomorrow

Daily public-records quota was exhausted before we could check this operator. Our nightly job will retry automatically.